This worksheet will help you evaluate the real costs—and savings—of selling your current home and transitioning to a new one. It’s ideal for downsizers, retirees, or anyone seeking to gain a deeper understanding of their financial situation before making a decision.
1) Estimate the Sale Value of Your Current Home
✓ Get a recent professional home valuation.
✓ Review similar homes recently sold in your neighborhood.
✓ Factor in upgrades or repairs completed in the past 5 years. I can provide you with a complimentary and accurate home valuation if you would like.
2) Calculate Your Net Proceeds
✓ Expected Sale Price
✓ Minus remaining mortgage balance
✓ Minus agent commissions and closing costs
✓ Estimate for repairs, staging, or prep work. Please let me know if you would like me to provide you with an accurate estimate of your net proceeds from the sale.
3) Understand Moving Costs
✓ Packing supplies and moving company quotes
✓ Temporary housing or storage, if needed
✓ Utility setup, deposits, and address change fees
4) Project Costs for Your Next Home
✓ Down payment, closing costs, loan fees
✓ Property taxes, HOA fees, and insurance estimates
✓ Any renovations or updates planned post-move
Bonus Tip: Plan for Lifestyle Shifts
✓ New monthly expenses (transportation, travel, utilities)
✓ Savings from downsizing (lower taxes, fewer repairs)
✓ Emergency fund for unexpected home or health expenses
Next Step
Use this worksheet to gain clarity before making any significant decisions. Then schedule a free home valuation or downsizing consultation with a local expert. I have lots of resources, should you need them.
Call or text 858-336-1114
Email don@donpelletier.com